News release provided by Business Wire.
GenomeNext, LLC, a leader in genomic data management and integrated analysis, announced today that it has raised $1.2 million in seed financing in a funding round led by Hydra Capital and private investors.
GenomeNext has developed and launched an innovative and powerful bioinformatic pipeline creating an integrated, turn-key solution that delivers unequaled results enabling researchers and clinicians to effectively analyze, organize and manage genetic data.
The computational backbone of the GenomeNext platform was developed at Nationwide Children’s Hospital and employs proprietary methods that specifically overcome the computational bottlenecks and inherent inaccuracies offered by traditional genomic sequence analysis methods, resulting in increased speeds, sensitivity and specificity, decreased costs, ultimately delivering unparalleled results that are both deterministic and reproducible.
Originally published February 24, 2016.